SerpentPeaked to [email protected] • 1 year agoInstant Brands — maker of the Instant Pot — files for bankruptcywww.cbsnews.commessage-square32fedilinkarrow-up19arrow-down10file-text
arrow-up19arrow-down1external-linkInstant Brands — maker of the Instant Pot — files for bankruptcywww.cbsnews.comSerpentPeaked to [email protected] • 1 year agomessage-square32fedilinkfile-text
Since COVID, company has faced “additional global macroeconomic and geopolitical challenges,” CEO Ben Gadbois said.
minus-square@hactar42link1•1 year agoSimilar thing happened to Crocs a few years back. They didn’t wear out like regular shoes so repurchases where rare. They ended up expanding their product lines to make up for it.
Similar thing happened to Crocs a few years back. They didn’t wear out like regular shoes so repurchases where rare. They ended up expanding their product lines to make up for it.